Review on MinexCoin by Robiul Islam

Name: MinexCoin
Item: MinexCoin
Rating: 3

April 09, 2019

This is truely a solid project that has some very exciting features. The…

This is truely a solid project that has some very exciting features. The highest interest paying coin to date, interest is paid out daily, weekly, monthly or yearly, users choice. MinexCoin is a cryptocurrency based on bitcoin’s blockchain. The currency is designed with one specific goal in mind stability and low volatility. The long-term value of the coin is based on an annual growth of 33.6%. The developers plan to reduce volatility using supply/demand regulation tools like market interventions and coin parking.
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Updated 5 years ago

Rating has not been changed

The idea of ​​this project based on MNX was born a year ago, but only now its time has come. The essence of Economics X is to create a decentralized management of economies by asset holders in case MNX. Economy X consists of MNX holders (voters), an executive panel (people appointed by holders by voting to perform tasks), an economy fund (blockchain and dollar), multi-signature owners (for access to fund funds), a platform and projects operating in the real or blockchain market.
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The project should have strong points (fundamental, not speculative factors), which form a large and long-term demand for a coin or token in a period. 
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Pros

This is a stable currency but it will be lucrative for medium and long-term investors because of controlled annual growth and interest payments for “parking”. This is a payments system which thanks to low volatility is a robust reserve cryptocurrency and eventually may be adopted as global money. There are two factors that make MinexCoin unique: •Low volatility of the coin (within a five-percent range) achieved autonomously with traditional financial tools •Predictable and controllable annual growth of the coin’s price which correlates with average annual price growth calculated for a portfolio of most popular altcoins (around 33.6 percent).

Cons